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Dec 6, 2012
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but how do you see the big picture in china? there's definitely a narrative that says high levels of capital spending lead to poor profitability and maybe that's what the stock markets had a sniff on over the last 18 months. where do you think we are in that story? >> well, no doubt it's driven by capital like all capital investments. and where are the investments going? they're going to china's massive infrastructure. don't forget china is still in the middle of a largest organization exercise in human history, building something like 221 new cities. so there's no did you tell that some of the buildings and roads or even shopping malls may in the short term appear empty. and then that fits into the kind of speculation there will be a huge asset or property bubble that's bound it on burst. but don't forgetbeginning, a lo buildings. and don't forget the speed of the urbanization process is going on in china. but as a national strategy also to balance the economy away from the capital kind of investment towards domestic consumptio
but how do you see the big picture in china? there's definitely a narrative that says high levels of capital spending lead to poor profitability and maybe that's what the stock markets had a sniff on over the last 18 months. where do you think we are in that story? >> well, no doubt it's driven by capital like all capital investments. and where are the investments going? they're going to china's massive infrastructure. don't forget china is still in the middle of a largest organization...
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Dec 20, 2012
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china clearly has bottomed. and i think with the new leadership in place, we'll have much more talk about urbanization and the restructuring that will continue to take place there and so that leaves us with europe. and europe is not doing well. we all know that. but i think europe has stopped deteriorating. so if we look at the pmi numbers, for example, they're still really bad, but they have stopped going down and some of the numbers increased even though they're still well below 50. all of this together means that i think it's going to be a very interesting year for equities that will make money in equities this year. >> virginie, if there's any good news for investors, maybe they can focus on fundamentals or looking at some particular companies, you know, is it a stock picker's market, that kind of thing. but we have major electrics. especially just mentioned europe, we have german elections, we have what's going on in italy. is it going to still be about politics or is it a market that will overcome that? >>
china clearly has bottomed. and i think with the new leadership in place, we'll have much more talk about urbanization and the restructuring that will continue to take place there and so that leaves us with europe. and europe is not doing well. we all know that. but i think europe has stopped deteriorating. so if we look at the pmi numbers, for example, they're still really bad, but they have stopped going down and some of the numbers increased even though they're still well below 50. all of...
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Dec 19, 2012
12/12
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/china relationship? >> well, i think that it's a little too early to tell that this is symptomatic of the new administration. but i do expect that there will be progress in certain areas. china has been asking the u.s. to lift restrictions on high-tech exports. and i gather that the obama administration is consider something kind of overhaul of the current restrictions. so there might be some change there was benefit to china. and on the u.s. side, the u.s. would like china to lift restrictions on imports of livestock. and it looks like china is willing to do that on a gradual basis. so i think that there would be some positives coming out of these meetings today and tomorrow. >> and lastly, frank, what would be the most significant policy move period to come from this. again, aside from the news we've already heard about the import duties, are you looking for any big-name tie-ups, or is this about meeting and shaking hands, especially because the u.s. leadership still isn't settled, erkts speci especial
/china relationship? >> well, i think that it's a little too early to tell that this is symptomatic of the new administration. but i do expect that there will be progress in certain areas. china has been asking the u.s. to lift restrictions on high-tech exports. and i gather that the obama administration is consider something kind of overhaul of the current restrictions. so there might be some change there was benefit to china. and on the u.s. side, the u.s. would like china to lift...
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Dec 12, 2012
12/12
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china urged north korea to exercise self-restraint. its officials had expressed hope the north would behave cautiously from the broad per suspect i of peace and stability on the korean peninsula. that the leadership in pyongyang did not heed that call and went ahead with the launch anyway. it demonstrates that china's influence on the north is limited. it should be noted here that china has been calling for more action from other countries. its contention is that the rest of the world should act to prevent tension on the peninsula from escalating further. china is apparently concerned that strong international criticism will cause north korea to take an even harder stance. beijing believes that would wipe out any chance of a breakthrough in resolving the situation. it appears china's officials will now move to control the damage. they'll be trying to use what influence they do have over their lie to prevent more provocative acts from north korea. nhk world, beijing. >> north korea's state-run television declared the launch a success. >
china urged north korea to exercise self-restraint. its officials had expressed hope the north would behave cautiously from the broad per suspect i of peace and stability on the korean peninsula. that the leadership in pyongyang did not heed that call and went ahead with the launch anyway. it demonstrates that china's influence on the north is limited. it should be noted here that china has been calling for more action from other countries. its contention is that the rest of the world should...
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Dec 22, 2012
12/12
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china opposes a legally binding resolution. the permanent member of the security council argues such a move could prompt north korea to carry out another nuclear test. japan is working with the united states and south korea to impose additional sanctions, but tokyo's ambassador says the three countries are too distant from china's position to permit dialog. >>> the u.n. general assembly has adopted a resolution about north korea's human rights violations. the document expresses serious concern about what it describes as systemic and or systematic and widespread human rights violations. they include torture and public executions. the text also urges the north korean government to resolve the abduction of japanese citizens and other foreign nationals. a north korean diplomat has dismissed the document as political fabrication. >>> it's certainly not up to the minute, but state-run media has been much faster in reporting the results of south korea's presidential election than they've been in the past. the brief reports thursday, t
china opposes a legally binding resolution. the permanent member of the security council argues such a move could prompt north korea to carry out another nuclear test. japan is working with the united states and south korea to impose additional sanctions, but tokyo's ambassador says the three countries are too distant from china's position to permit dialog. >>> the u.n. general assembly has adopted a resolution about north korea's human rights violations. the document expresses serious...
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Dec 21, 2012
12/12
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china opposes a legally binding resolution. the permanent member of the security council argues such a move could prompt north korea to carry out another nuclear test. japan is working with the united states and south korea to impose additional sanctions, but tokyo's ambassador says the three countries are too distant from china's position to permit dialog. >>> the u.n. general assembly has adopted a resolution about north korea's human rights violations. they include torture and public executions. the text also urges the north korean government to resolve the abduction of japanese citizens and other foreign nationals. a north korean diplomat has dismissed the document as political fabrication. >>> not up to the minute. but state-run media has been much faster in reporting the rules of south korea's presidential election than they have been in the past. the brief reports thursday, the day after the election, and friday. they said park had won a tight race. compare that with what happened five years ago. north korean media waite
china opposes a legally binding resolution. the permanent member of the security council argues such a move could prompt north korea to carry out another nuclear test. japan is working with the united states and south korea to impose additional sanctions, but tokyo's ambassador says the three countries are too distant from china's position to permit dialog. >>> the u.n. general assembly has adopted a resolution about north korea's human rights violations. they include torture and...
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Dec 28, 2012
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to manage threats from china and from north korea. the new defense minister has revealed plans to strengthen the self-defense forces. he addressed about 600 senior officials from the defense ministry and the self-defense forces on his first day on the job. >> translator: our nation's security is under increasing threat. we need to review our capabilities both in quality and quantity. >> he pointed to the dispute over the senkaku islands in the east china sea. chinese planes have flown into and around japanese air space in the area and chinese ships have sailed into japanese waters. he said he's also concerned about north korea's nuclear and missile development programs. >>> newly released details showed myanmar canceled a visit of sdf vessels out of consideration of china. two ships were scheduled to visit on the way back from mine sweeping drills in the persian gulf. no japanese vessel has ever made a port visit to the country. myanmar was under military rule for almost 25 years. the nation has been strengthening ties with japan and
to manage threats from china and from north korea. the new defense minister has revealed plans to strengthen the self-defense forces. he addressed about 600 senior officials from the defense ministry and the self-defense forces on his first day on the job. >> translator: our nation's security is under increasing threat. we need to review our capabilities both in quality and quantity. >> he pointed to the dispute over the senkaku islands in the east china sea. chinese planes have...
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Dec 13, 2012
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most of the future growth is coming out of china. it is a market which is exploding. i think in 2010, they had 58 million people leaving china. it was 72 million last year. it will be about 80 million by the end of in year. it's all the product of lots of new people coming into the middle class and wanting to travel for the first time. >>> and this is one destination that would use a lot of world visitors spending their money. is it still as appealing? >> yes. europe is never going to lose its appeal. certainly visitors from asia want to come and visit europe. i think the europe outbound market is a bit sluggish at the moment. but it is still the case that people want to travel. and families will make a lot of sacrifices. they might not change a car, but they will absolutely protect their family holiday. europe will still grow, despite the economic difficulties. >> i also wonder when we saw the cost of airfare come down, when we've seen incomes rise, do you expect the rapid, rapid growth that we've seen to continue or is it market now maturing? >> no, the market is no
most of the future growth is coming out of china. it is a market which is exploding. i think in 2010, they had 58 million people leaving china. it was 72 million last year. it will be about 80 million by the end of in year. it's all the product of lots of new people coming into the middle class and wanting to travel for the first time. >>> and this is one destination that would use a lot of world visitors spending their money. is it still as appealing? >> yes. europe is never...
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Dec 4, 2012
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especially markets like china. and the ideal way to ride out these difficult times and to reduce costs would be to acquire properties that mine steel making raw materials. and that's exactly what posco is doing according to these reports that say a consortium that it leads has been named preferred bid forea stake in a canadian mine. some reports say it's seeking to acquire around a 10% to 15% stake and is scheduled to sign a sales and purchase agreement early next year. and how will posco finance this acquisition? observers say it's been selling many noncore assets like its holdings in sk telecom to cushion these investment plans like the purchase of the australian steel and iron ore producer aryan which by the way collapsed late october. back to you. >> all right, chery, thanks for that. still to come, we'll speak as to a guest who believes volatility in the oil market will continue well into 2013. we'll find where his predictions are for crude next year. i always wait until the last minute. can i still ship a gif
especially markets like china. and the ideal way to ride out these difficult times and to reduce costs would be to acquire properties that mine steel making raw materials. and that's exactly what posco is doing according to these reports that say a consortium that it leads has been named preferred bid forea stake in a canadian mine. some reports say it's seeking to acquire around a 10% to 15% stake and is scheduled to sign a sales and purchase agreement early next year. and how will posco...
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Dec 28, 2012
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china is also increasing military presence in the south china sea to boost its claim to ma maritime interest in the area. it is intended to solidify its defense on the islands and shoals. nhk world, manila. >> some asean nations are taking a hard stance but sources have revealed that myanmar canceled what would have been the first port call by the self-defense force vessels. myanmar wanted to prevent a strong reaction from china. informed sources say two japanese mine sweepers were due to stop at myanmar's largest city but it was called off at myanmar's request. relations between japan and china remain tense. japan owns the islands, both china and taiwan claim them. myanmar has made other moves out of the consideration for china despite the criticism from the west in november. police in the country cracked down on demonstrations against a copper mine operated by a chinese firm and a firm linked to the military. over 70 protesters were injured and forged close relations with china during the military rule when western countries imposed economic sanctions on the country in the past two decades
china is also increasing military presence in the south china sea to boost its claim to ma maritime interest in the area. it is intended to solidify its defense on the islands and shoals. nhk world, manila. >> some asean nations are taking a hard stance but sources have revealed that myanmar canceled what would have been the first port call by the self-defense force vessels. myanmar wanted to prevent a strong reaction from china. informed sources say two japanese mine sweepers were due to...
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Dec 29, 2012
12/12
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china is also increasing military presence in the south china sea to boost its claim to maritime interest in the area. it is intended to solidify its defense on the islands and shoals. nhk world, manila. >> some asean nations are taking a hard stance but sources have revealed that myanmar canceled what would have been the first port call by the self-defense force vessels. myanmar wanted to prevent a strong reaction from china. informed sources say two japanese mine sweepers were due to stop at myanmar's largest city but it was called off at myanmar's request. relations between japan and china remain tense. japan owns the islands, both china and taiwan claim them. myanmar has made other moves out of the consideration for china despite the criticism from the west in november. police in the country cracked down on demonstrations against a copper mine operated by a chinese firm and a firm linked to the military. over 70 protesters were injured and forged close relations with china during the military rule when western countries imposed economic sanctions on the country in the past two decades
china is also increasing military presence in the south china sea to boost its claim to maritime interest in the area. it is intended to solidify its defense on the islands and shoals. nhk world, manila. >> some asean nations are taking a hard stance but sources have revealed that myanmar canceled what would have been the first port call by the self-defense force vessels. myanmar wanted to prevent a strong reaction from china. informed sources say two japanese mine sweepers were due to...
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Dec 5, 2012
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that get into china. so it's not all roses, but we need new marketplaces and china is certainly growing as an extraordinary pace. >> yeah, and what's it like trying to finance productions at the moment? >> just globally -- i mean, the marketplace is pretty strong. after 2008, there was -- we kind of hit a roadblock with banks and with wall street and all of that kind of stuff. but i think the marketplace and the financial marketplace has come back pretty strong. though there are problems in some territories in europe like italy and spain, greece, of course. there are other strong markets. again, this is a reason why china and russia and brazil and india have become so important at the global scenario. >> okay, we wish you all the best. have a great few days there in singapore. >>> the british chancellor executive george osborne is giving his autumn statement today. the chancellor has already dropped big hints about what we can expect. katie barnfield has gone up to man chester to see how the government's
that get into china. so it's not all roses, but we need new marketplaces and china is certainly growing as an extraordinary pace. >> yeah, and what's it like trying to finance productions at the moment? >> just globally -- i mean, the marketplace is pretty strong. after 2008, there was -- we kind of hit a roadblock with banks and with wall street and all of that kind of stuff. but i think the marketplace and the financial marketplace has come back pretty strong. though there are...
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Dec 14, 2012
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east china sea. it's just one of a number of pressing concerns on the foreign policy front. nhk world brings us up to speed. >> reporter: chinese hit the streets in force in september, furious about their neighbors. they protested outside the japanese embassy, boycotted japanese goods, struck out at anything japanese. the root of their anger, the nationalization of islands in the east china sea. >> translator: the senkaku islands are japan's sovereign territory, this is a clear fact both historically and in light of international law. >> reporter: the japanese government bought the islands from a private owner. the thing is, china and taiwan claim them too. chinese leaders said nationalizing them is not acceptable. they've sent petrol ships into japanese waters around the islands, followed closely by japan coast guard crews. the new leadership declared china would build itself into a maritime power by safeguarding its interests. japan's next government will take up other disputes too. in august south
east china sea. it's just one of a number of pressing concerns on the foreign policy front. nhk world brings us up to speed. >> reporter: chinese hit the streets in force in september, furious about their neighbors. they protested outside the japanese embassy, boycotted japanese goods, struck out at anything japanese. the root of their anger, the nationalization of islands in the east china sea. >> translator: the senkaku islands are japan's sovereign territory, this is a clear fact...
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Dec 21, 2012
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now, in greater china, also some losses. the shanghai comp is more isolated than the rest of these markets from global happenings. it wasn't really the fiscal cliff worries that had this index down. this index has rallied in december. but it's still under water while the rest of the indexes are notching some percentages for the year. they control about three quarters of trade in this market, so, really, they're going to have to buy in if they're going to see any sustained rally. the hang seng is up about 22% for the day. pulling back this week, we're down .7% weighing heavily in this market were the chinese banks. the banks listed in shanghai. liquidity concerns as they head into the end of the year and try wrapping up their balance sheets for regulatory requirements next year. that's the asx worries here. and the bse sensex, the momentum of losses has been increasing over the last little bit. but this market doing very well on the year, as well, up nearly 25%. so a pretty ugly picture here, kelly, but if the world is going
now, in greater china, also some losses. the shanghai comp is more isolated than the rest of these markets from global happenings. it wasn't really the fiscal cliff worries that had this index down. this index has rallied in december. but it's still under water while the rest of the indexes are notching some percentages for the year. they control about three quarters of trade in this market, so, really, they're going to have to buy in if they're going to see any sustained rally. the hang seng...
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Dec 15, 2012
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east china sea. it's just one of a number of pressing concerns on the foreign policy front. nhk world brings us up to speed. >> reporter: chinese hit the streets in force in september, furious about their neighbors. they protested outside the japanese embassy, boycotted japanese goods, struck out at anything japanese. the root of their anger, the nationalization of islands in the east china sea. >> translator: the senkaku islands are japan's sovereign territory, this is a clear fact both historically and in light of international law. >> reporter: the japanese government bought the islands from a private owner. the thing is, china and taiwan claim them too. chinese leaders said nationalizing them is not acceptable. they've sent petrol ships into japanese waters around the islands, followed closely by japan coast guard crews. the new leadership declared china would build itself into a maritime power by safeguarding its interests. japan's next government will take up other disputes too. in august south
east china sea. it's just one of a number of pressing concerns on the foreign policy front. nhk world brings us up to speed. >> reporter: chinese hit the streets in force in september, furious about their neighbors. they protested outside the japanese embassy, boycotted japanese goods, struck out at anything japanese. the root of their anger, the nationalization of islands in the east china sea. >> translator: the senkaku islands are japan's sovereign territory, this is a clear fact...
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Dec 7, 2012
12/12
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but in china, no such luck. after beijing's worst downpour in decades washed out this home, he and his wife had to borrow $3100 in friends and relatives to rebuild, a small fortune on his meager salary. there's no such thing as homeowners insurance, he says. the industry here has been agreeing over the past decade, but still underdeveloped with private policies largely a foreign idea. in countries like the united states, homeowners insurance replaces pretty much whatever somebody owns. about you but here there is no such guarantees, so people are forced to salvage whatever they can on their own. as more chinese get richer, many are looking for ways two o prot their wealth and lives. >> people are some savings, a first car and all that, typically insurance product is actually a very good product for them. >> right now car insurance is popular. china is expected to become the second largest insurance market behind the u.s. by 2020. and the competition is fierce, still dominated by chinese players like picc. intern
but in china, no such luck. after beijing's worst downpour in decades washed out this home, he and his wife had to borrow $3100 in friends and relatives to rebuild, a small fortune on his meager salary. there's no such thing as homeowners insurance, he says. the industry here has been agreeing over the past decade, but still underdeveloped with private policies largely a foreign idea. in countries like the united states, homeowners insurance replaces pretty much whatever somebody owns. about...
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Dec 12, 2012
12/12
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china is getting expensive. everyone needs to respond faster to the consumer. >> as much as a success story as this is for inditex, what kind of read is it for the consumer more broadly? i think about the big u.k. department store talking about a great sudden. is the strength perhaps -- great saturday. is the strength perhaps of the consumer, whether it's driven by overseas visits, underestimated? >> i think you're talking about the employment figures. if adds up. if you look at the u.k. particularly, shoppers are out there. if you look at the numbers that we've seen, john lewis had extremely strong figures, asos had strong figures in the u.k. car sales are hitting new highs over the last several years. with the likes of the german mark's, the luxury's doing the best. people are feeling more confident, particularly if they've been in employment for a while. the key thing -- they are shopping for quality. where they actually get value and quality is really -- those companies are doing particularly well. you are b
china is getting expensive. everyone needs to respond faster to the consumer. >> as much as a success story as this is for inditex, what kind of read is it for the consumer more broadly? i think about the big u.k. department store talking about a great sudden. is the strength perhaps -- great saturday. is the strength perhaps of the consumer, whether it's driven by overseas visits, underestimated? >> i think you're talking about the employment figures. if adds up. if you look at the...
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united states bring marilee south korea's building on july wind in an effort to create a ring around china perhaps to deal with north korea are all setbacks to peace what's necessary i think at this point in time it is to step back from the process and the outside countries the other countries around the world must say wait a minute a peaceful china south korea north korea japan is a region will have a huge impact on world exists and i think that it's really incumbent that we put pressure is toward peace and not toward amping up the conflict in the war it was a long running program of forced sterilization and bigger was that left tens of thousands of women unable to have children that would end a decades ago none of the claims for compensation have had been heard oh she's a marine apart and i am not one of the victims you want water or paper eighty four year old virginia perhaps was just fourteen years old when north carolina's widespread eugenics program would forever alter her future i said why don't i have to go to the hospital i'm not sake brock's was with two other girls when a social
united states bring marilee south korea's building on july wind in an effort to create a ring around china perhaps to deal with north korea are all setbacks to peace what's necessary i think at this point in time it is to step back from the process and the outside countries the other countries around the world must say wait a minute a peaceful china south korea north korea japan is a region will have a huge impact on world exists and i think that it's really incumbent that we put pressure is...
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Dec 26, 2012
12/12
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it's very good for china. but of course, the fiscal cliff will have a huge impact on where emerging markets and the rest of the world goes this year. i think if you really want to play it smart, you look at consumer-facing businesses, health care technology, emerging markets. you can't lose. >> well, ron, that's what i was going to ask you. you brought up india and the rising consumer is such a big piece of the growth story there. can you drill down for me more on how we can tap into that and capitalize on it? >> absolutely. so here's the issue with the consumer. obviously the consumer story is the biggest thing for the emerging markets. that's the story for the next decade at least. the issue is that a lot of the adrs that we can trade don't really touch the consumer as much as we'd like. there are a few. on the technology side, we like a number of stocks, like we like china mobile. that's chl. that gives you the emerging consumer, that's really moving into mobile. we like qihu. that's a stock that really get
it's very good for china. but of course, the fiscal cliff will have a huge impact on where emerging markets and the rest of the world goes this year. i think if you really want to play it smart, you look at consumer-facing businesses, health care technology, emerging markets. you can't lose. >> well, ron, that's what i was going to ask you. you brought up india and the rising consumer is such a big piece of the growth story there. can you drill down for me more on how we can tap into that...
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Dec 13, 2012
12/12
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its main ally, china, is unlikely to let you in impose tough new sanctions, so it will probably continue to develop rockets and bombs. -- china is unlikely to let the un impose tough new sanctions, so it will probably continue to develop rockets and bombs. >> i spoke to victor, the fellow for strategical international studies. victor, we have become used to these north korean launches not working. how worried are you by the successful one? >> i think it was definitely a surprise. i think the general view was that they tried so many times and failed, with the last one being the most spectacular failure. this was a successful launch in which they demonstrated the ability to lift a payload into orbit, which suggests they have long-range ballistic missile technology, and that is a big step they have made. >> does it give north korea more clout when it comes to possible negotiations? >> i think that is one motivation for doing this, but it puts them a stronger position where they can go to those new governments in korea and japan and say they are stronger, but the main reason is strategic. th
its main ally, china, is unlikely to let you in impose tough new sanctions, so it will probably continue to develop rockets and bombs. -- china is unlikely to let the un impose tough new sanctions, so it will probably continue to develop rockets and bombs. >> i spoke to victor, the fellow for strategical international studies. victor, we have become used to these north korean launches not working. how worried are you by the successful one? >> i think it was definitely a surprise. i...
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Dec 10, 2012
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than china. partly because of relative wage levels, but also partly because of its proximity to the market and with energy and transport costs being what they are today, you're going to see a lot of change. and the u.s., like our industrialized economies, is going to have opportunities and it needs to prepare itself to exploit those opportunities. >> the ilo director general guy ryder talking to carolin. just a reminder, we spoke to pascal lamy who confirmed they've downgraded the world trade percent this year. that's had an impact on the volume of trade. it did ask him about what he thought the political situation in italy was going to develop and what impact. he said he thought and believed it would be contained, but then, of course, we might expect him to say that, as well. but he was speaking with mario monti earlier in the weekend, as well. on saturday he was with him. >> a diplomatic response, i would expect no less. great stuff from geneva. looking forward to having you back here tomorrow.
than china. partly because of relative wage levels, but also partly because of its proximity to the market and with energy and transport costs being what they are today, you're going to see a lot of change. and the u.s., like our industrialized economies, is going to have opportunities and it needs to prepare itself to exploit those opportunities. >> the ilo director general guy ryder talking to carolin. just a reminder, we spoke to pascal lamy who confirmed they've downgraded the world...
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Dec 11, 2012
12/12
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china is still positive in the fourth quarter. china is going to show a slow and steady improvement. so we need those. >> higher expectations stronger in the likes of taiwan, india and brazil. let's go back to where you say they're weakest. greece, italy, spain, the netherlands. this is a very weak feature, indeed. how bad in it? >> it's bad. the eurozone is the global economic problem now. if you look at asia where i just returned from, both countries are feeling optimistic. but they seem to be inwardly focused now by being a triangle of china, india, indonesia. we're not seeing a great benefit into europe as we did before. for instance, germany is looking pretty pessimistic. based on its lack of export performance to places like china. >> yeah. when the bundes bank came out and shortly downgraded forecasts, how is the employment picture? if you've got a relatively healthy china and the u.s. consumer bounce back, wouldn't that help germany? >> it certainly would. germany is relatively flat in terms of the employment outlook. so i
china is still positive in the fourth quarter. china is going to show a slow and steady improvement. so we need those. >> higher expectations stronger in the likes of taiwan, india and brazil. let's go back to where you say they're weakest. greece, italy, spain, the netherlands. this is a very weak feature, indeed. how bad in it? >> it's bad. the eurozone is the global economic problem now. if you look at asia where i just returned from, both countries are feeling optimistic. but...
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Dec 17, 2012
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not have distribution with the largest phone carrier, china mobile. they have distribution with unicomm. it looks great but not as good as what it did in the u.s. that's one reason. >> very quickly, on apple map debacle, how damaging was that? that was a slip, a big slip for them. >> yes, i think it was. a little bit after turning point for the company because its leadership in software for wireless was unquestioned. for the first time, users were saying, you screwed this up. >> you messed this up. >> yes. that sent a signal, they changed leadership. >> they had a reputation for doing everything right. this was an instance for where they did not. thank you. >> good to have you here. >> brian shablgtman. >> hard to talk about apple without talking about google. there are reports over the weekend this they are settling their search issue with the ftc. also interesting can comments about how they really believe that search with google will be more mobile than desktop on the year 2016. it is up $14.49. sue, to you. >> brian, thank you very much. we raise
not have distribution with the largest phone carrier, china mobile. they have distribution with unicomm. it looks great but not as good as what it did in the u.s. that's one reason. >> very quickly, on apple map debacle, how damaging was that? that was a slip, a big slip for them. >> yes, i think it was. a little bit after turning point for the company because its leadership in software for wireless was unquestioned. for the first time, users were saying, you screwed this up....
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Dec 18, 2012
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i think china will continue to play it. i think that would be better, more obvious great stories in the like in the next ten years in china. >> such at? >> the obvious concern, i'm not concerned about the residential property side, but international property, larger entities, that would be a concern that would continue to rear its head, i think. and i look at the stock pickses of chinese industries. just determined the bank roll losses for that industry and that's slightly concerning, as well. i see china more as a trade market rather than a strategic bet. within that, we are keen to extend ourselves to only the mining sector. >> there's plenty of pessimism for people to come in. in other central bank news, sweden has lowered its key interest rate by 25 basis points to 1%. in a widely expected move. the central bank says it sees the repo rate remaining for the coming year. riksbank deputy swensen says he is pushing for heavier cuts. >>> in australia, the decision to lower rates at its december policy meeting appears to be a
i think china will continue to play it. i think that would be better, more obvious great stories in the like in the next ten years in china. >> such at? >> the obvious concern, i'm not concerned about the residential property side, but international property, larger entities, that would be a concern that would continue to rear its head, i think. and i look at the stock pickses of chinese industries. just determined the bank roll losses for that industry and that's slightly...
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Dec 3, 2012
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so any demand elsewhere could have an impact on china. >> have we had the china slowdown? >> we've had mosts of it i think. but again, china is very much in recent line with the cycle of the global economy and we'll be looking for some of the big growth engines to help them, as well. >> what's the chinese swing factor for investors? >> sitting in europe clearly it's something we focus upon. is it a driving force, absolutely not. the tail risk i think is what scares us. so do i feel heartened by the numbers in china, yes, it's kind of a positive. but there's more important things. >> if you're worried about synchronized global slowdown, you need one begin sort of spluttering on a little bit better. >> the difficulty is that it's a very large consensus among the investors in europe that come what may, they're not going to feel terribly positive about the outlook for the eurozone. the best case scenario is people who have maybe 1%, 1.5%, 2% growth and search weaker in the periphery. as a result, you need something quite astounding out of china to make you feel better. >> you
so any demand elsewhere could have an impact on china. >> have we had the china slowdown? >> we've had mosts of it i think. but again, china is very much in recent line with the cycle of the global economy and we'll be looking for some of the big growth engines to help them, as well. >> what's the chinese swing factor for investors? >> sitting in europe clearly it's something we focus upon. is it a driving force, absolutely not. the tail risk i think is what scares us....
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now if you look at china. each city each province competes with one another and the party officials who succeed they are promoted as a mirror to credit system russia needs to introduce something like that where cities and provinces can compete with other because at present they form their own little groups and many states and cities and so on and the very very difficult to rule from moscow. putin also talked about russia's efforts to minimize how the global financial crisis affects the country what can russia do to help calm the worldwide downturn in return. well russia's president moscow is trying to set up a world financial center and this week some of the experts from moscow and some of the bankers british london discussing how this can be done so russia wants to become a center for. finance financial investment financial center so that money pours into russia and therefore it can then be invested in the russian economy but step forward russia has a bunch of paper surplus and so on so this is a very happy p
now if you look at china. each city each province competes with one another and the party officials who succeed they are promoted as a mirror to credit system russia needs to introduce something like that where cities and provinces can compete with other because at present they form their own little groups and many states and cities and so on and the very very difficult to rule from moscow. putin also talked about russia's efforts to minimize how the global financial crisis affects the country...
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Dec 5, 2012
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this is again china. i don't like it either but china is coming back. >> naz 100 taking on facebook. >> money is an index to the naz 100. people paid for this in premarket. it was a mistake. >> citi thinks limited can do a special div. >> limited has a lot of cash. gap said no yesterday. hurt the stock. >> goldman starts utx neutral. great company. a slap in the face, carl. boom. slap in the face. >> you got that right. what's on "mad" tonight? >> i have been featuring these investment -- look, the etf. i've been feeling they know america. i have to know how bad america is. they do the southeast. great company. >> we've not talked a lot about the cliff today. it's been kind of refreshing. cover of "the washington post" today. why doesn't the market care, right? >> i think the market doesn't understand to some degree. there's a whole new school of thought that says it would be good. another school of thought that says it doesn't matter that much. they created the cliff to be able to drive us into recession
this is again china. i don't like it either but china is coming back. >> naz 100 taking on facebook. >> money is an index to the naz 100. people paid for this in premarket. it was a mistake. >> citi thinks limited can do a special div. >> limited has a lot of cash. gap said no yesterday. hurt the stock. >> goldman starts utx neutral. great company. a slap in the face, carl. boom. slap in the face. >> you got that right. what's on "mad" tonight?...
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Dec 3, 2012
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on one side china data coming in better than expected overnight. there's a little more optimism about a greek resolution. in the other corner, continued worries about what else? tax hikes and spending cuts. notice i did not call it the fiscal cliff. so ultimately which wins out? let's ask gina sanchez, director of equity and asset allocation at rubini global economics. dan, i know you've been traveling, london, san fran, all parts in between last couple of weeks. how concerned are your clients about what's going to happen on january 1st? >> it's not so much that they're concerned about what happens on january 1st because i think the bulk of our meetings have focused on the fact that this isn't really a cliff so much as a lot of people have been saying a slope. more importantly to your first question, i have been on the road for the better part of 2 1/2 months now. i don't really get many questions or have many debates about greece or spain anymore. i think there's definitely a back burner element to what's going on in europe as people focus whether
on one side china data coming in better than expected overnight. there's a little more optimism about a greek resolution. in the other corner, continued worries about what else? tax hikes and spending cuts. notice i did not call it the fiscal cliff. so ultimately which wins out? let's ask gina sanchez, director of equity and asset allocation at rubini global economics. dan, i know you've been traveling, london, san fran, all parts in between last couple of weeks. how concerned are your clients...
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Dec 14, 2012
12/12
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china's top leader res expected to meet saturday and sunday and monday we'll finally gets china's foreign direct investment numbers for december. lots to watch and it will be interesting to keep appear eye on how traders sxret express views over the weekend. straight ahead on the show, a round about in east london is being hailed as europe's answer to silicone valley. but should california tech giants be shaking in their hoodies? stay tuned. >>> welcome back to the program. the financial times picked mario draghi as its financial person for the year. earlier in the program, we asked you who would be your pick. bruce tweeted in to say silvia wadhwa, she's my favorite. silvia gets our vote, too. get in touch with us by e-mail, worldwide@cnbc.com, tweet us or tweet ross even though he's not here. in fact, i encourage that. >>> east london has been hailed to europe's answer to silicone valley. can it really compete? and what's in it for investors? tom mckenzie reports. >> in just a few years, london's tech city has grown from a handful of companies to a buzzing cluster of close to 5,000 busin
china's top leader res expected to meet saturday and sunday and monday we'll finally gets china's foreign direct investment numbers for december. lots to watch and it will be interesting to keep appear eye on how traders sxret express views over the weekend. straight ahead on the show, a round about in east london is being hailed as europe's answer to silicone valley. but should california tech giants be shaking in their hoodies? stay tuned. >>> welcome back to the program. the...
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Dec 5, 2012
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but this case has received lots of media coverage in china. chinese intellectuals are calling for the release of peace prize lawyer yet from prison. the letter was posted online on tuesday to mark the second anniversary of him receiving the peace prize in 2010. the letter calls for the release of other political prisoners as well. it also urging the release of his wife from house arrest. the charges against lu includes his criticism of one-party rule and his involvement in 1989 pro democracy protests. one of the authors of the letter hope it will boost momentum to encourage democracy in china. a group of nobel l aurks, reattes. . >>> people around the world are worried about global warming, but there is at least win industry making the most of a bad situation. melted ice in the arctic ocean is allowing a tanker carrying liquefied natural gas to become the first of its kind to cross from norway to japan. it arrived in western japan carrying 60,000 tons of lmg. they bought the lmg from a firm related to russian state controlled gas company. the
but this case has received lots of media coverage in china. chinese intellectuals are calling for the release of peace prize lawyer yet from prison. the letter was posted online on tuesday to mark the second anniversary of him receiving the peace prize in 2010. the letter calls for the release of other political prisoners as well. it also urging the release of his wife from house arrest. the charges against lu includes his criticism of one-party rule and his involvement in 1989 pro democracy...
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Dec 31, 2012
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china pmi rising to 51.5. and that is a result of manufacturing in china in a year and a half. the shanghai index ended the day about 1.6% higher, highest close since june 20th. it has been a nice run that we've seen also in china to our point before. it's been up 16% since its four-year low in december. >> for the year the index is up 3% right now. for those who missed it, this will be the first annual gain in, i believe, three years' time. this has not been a positive stock market, despite the economy growing 7%, 8%, 9% or so. as the chinese president said this morning, there will be policies put in place to support growth. and whatever nervousness in the transition is going to fade and policymakers can get more involved. >> we've seen this play out in the metal stakes. the best fourth quarter in two years, up 56%. iron ore prices. that's a real lead on demand. and especially as the chinese government makes all these nods toward urbanization plans and the need to update and invest in infrastructure. these are the areas where you want to be. >> yeah. also ties into what clearl
china pmi rising to 51.5. and that is a result of manufacturing in china in a year and a half. the shanghai index ended the day about 1.6% higher, highest close since june 20th. it has been a nice run that we've seen also in china to our point before. it's been up 16% since its four-year low in december. >> for the year the index is up 3% right now. for those who missed it, this will be the first annual gain in, i believe, three years' time. this has not been a positive stock market,...
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Dec 26, 2012
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you could do it, if you lived in china. once again, america's proof we are falling behind in infrastructure. thanks for watching "street signs." i'll send it to "closing bell." >> and hello again, everybody. welcome to the "closing bell." i'm mandy drury sitting in for maria bartiromo. happy boxing day as well. >> christmas is over but mandy has been celebrating boxing day all day. we didn't get any presents from lawmakers in washington yet. we're still five days away from falling off the proverbial fiscal cliff and wall street, like everybody else, is waiting for some kind of a solution here, and as you can see by today's numbers the waiting game continues, although we thank brian sullivan and you, mandy, for bringing us back to positive territory in the last hour. >> i'm not sure we can take credit but we'll take it. >> the dow is up a fraction at the moment. 13,139 after a meandering much of the day. the nasdaq hardest hit today. technology has been very volatile recently. still down a fraction right now. 13 points, frac
you could do it, if you lived in china. once again, america's proof we are falling behind in infrastructure. thanks for watching "street signs." i'll send it to "closing bell." >> and hello again, everybody. welcome to the "closing bell." i'm mandy drury sitting in for maria bartiromo. happy boxing day as well. >> christmas is over but mandy has been celebrating boxing day all day. we didn't get any presents from lawmakers in washington yet. we're still...
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Dec 28, 2012
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china is about 10% of our business. it's about 30% of our clients. for our companies, we have about 11% or 12% of the total pipeline in the world and effectively 30% of that is china. so china is now our second biggest market. is between -- let me get the years right. between '09 and '11, our business doubled there from $1 billion to $2 billion a year. it is a smaller growth compared to the u.s. we're seeing the u.s. continue to grow, asia continue to grow, not just china, but other parts of asia. india has a very big percentage growth. but i think we've got a nice balance of growth around the world. >> on the middle east, i'm assuming that business in most areas of the middle east has been quite tough over the past two years especially or are you seeing pockets that are continuing to grow despite the uncertainty. >> you actually, uae and saudi have been very strong. but clearly egypt and places like syria, lebanon, so on have been affected. so it really is -- and we've defer natalie seen a reduction in development in the middle east. so it is a big
china is about 10% of our business. it's about 30% of our clients. for our companies, we have about 11% or 12% of the total pipeline in the world and effectively 30% of that is china. so china is now our second biggest market. is between -- let me get the years right. between '09 and '11, our business doubled there from $1 billion to $2 billion a year. it is a smaller growth compared to the u.s. we're seeing the u.s. continue to grow, asia continue to grow, not just china, but other parts of...
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Dec 14, 2012
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china stocks having a bit of a comeback year. in other words, as a global guide, there are options to playing this fiscal cliff game here in new york. >> absolutely. you don't have to just trade the s&p 500. i mean, look at tonight, you're seeing australia up a third of a point. the japanese yen is doing very well. look at hong kong. if you want to take what the federal reserve did and apply it internationally, look at hong kong. their monetary policy is pegged to what the federal reserve does. but they have an inflation issue and their economy is tied to china. so if you buy something like ewh, the hong kong etf, all those stocks are priced in hong kong dollars. if the hong kong dollar is repegged, the ewh will go up as much as the repegging. >> what does that mean for the u.s. market? where are you on the u.s. market right now? >> you know, i think right now, probably to the end of year, if we can get some kind of movement on this fiscal cliff, you have a real potential for a pop, 3%, 4%, 5%. unfortunately, as i look to 2013, i
china stocks having a bit of a comeback year. in other words, as a global guide, there are options to playing this fiscal cliff game here in new york. >> absolutely. you don't have to just trade the s&p 500. i mean, look at tonight, you're seeing australia up a third of a point. the japanese yen is doing very well. look at hong kong. if you want to take what the federal reserve did and apply it internationally, look at hong kong. their monetary policy is pegged to what the federal...
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troops and hardware into asia as china's new leader advises his military to prepare for such. it's nine am here in moscow you live with us on r.t. good to have you with us the fate of ukrainian journalist held by syrian rebels remains on after read some deadline from a group threatening to execute her paused on her car was kidnapped by insurgents said to be from the free syrian army who she repeatedly accused of on juber tell it against civilians his policy of picks up the story. the journalist unhappy koch never was taken hostage in october and no homes in the opposition fighters they've accused her of being both a russian and a syrian spy she has appeared in two you tube videos that were released earlier by the free syrian army and in one of those ship pill to the embassies of ukraine and russia as well as to the syrian government to meet the demands of the kidnappers it's very difficult to say whether in fact these demands will in fact be met she read a text in those videos in arabic in which admitted to having participated in the fighting and having worked as a military in
troops and hardware into asia as china's new leader advises his military to prepare for such. it's nine am here in moscow you live with us on r.t. good to have you with us the fate of ukrainian journalist held by syrian rebels remains on after read some deadline from a group threatening to execute her paused on her car was kidnapped by insurgents said to be from the free syrian army who she repeatedly accused of on juber tell it against civilians his policy of picks up the story. the journalist...
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Dec 19, 2012
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the world bank sees china expanding by 8.4% next year. it's expecting that it will be fueled by fiscal stimulus and the faster implementation of large investment projects. today's forecast is higher than an earlier one that was sited in a world bank report in october. 8.4%, not bad both if you can get it. >>> speaking of china, the united states is moving forward with plans to slap steep anti-dumping duties on wind turbine towers that are imported from china at prices that are deemed unfairly low. the news from the commerce department comes as u.s. officials welcomed a high-level chinese delegation for trade and economic talks. the u.s. trade panel has final approval over the duties and is expected to vote on the case in late january. >>> in corporate news, ubs hit with a $1.5 million fine today. that will add up, a few more of those. the swiss bank admitting to fraud, it paying bribes to brokers. and pervasive, they call it manipulation of libor by dozens of staff. the penalty was agreed to with u.s., u.k., and swiss regulators. it is mo
the world bank sees china expanding by 8.4% next year. it's expecting that it will be fueled by fiscal stimulus and the faster implementation of large investment projects. today's forecast is higher than an earlier one that was sited in a world bank report in october. 8.4%, not bad both if you can get it. >>> speaking of china, the united states is moving forward with plans to slap steep anti-dumping duties on wind turbine towers that are imported from china at prices that are deemed...
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six days was and was prepared to use its nuclear weapons and avenge of an attack on it by russia or china a conventional attack i should add means that you know and and then it comes out that actually the policy changed only when the soviet union acquired a suspicion nuclear arsenal to take out the united states of america then they came to an agreement with the soviet union means around mostly looking at that and thinking well actually it's when the russians had and you could ask all americans not to talk to them so maybe what we've got to do you know is develop nuclear weapons so i think by upping the ante all the time the americans could actually drive the iranians to do something else that they don't want to do which is develop nuclear weapons but at the end of the only tehran can control is what it does in its own turf and as frustrating as it may be for the iranians why not just allow the inspectors to access that site especially if there's nothing to hide. say that every time they've allowed this to happen and then just been presented with more demand they have come to an agreement
six days was and was prepared to use its nuclear weapons and avenge of an attack on it by russia or china a conventional attack i should add means that you know and and then it comes out that actually the policy changed only when the soviet union acquired a suspicion nuclear arsenal to take out the united states of america then they came to an agreement with the soviet union means around mostly looking at that and thinking well actually it's when the russians had and you could ask all americans...
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Dec 20, 2012
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down towards the south the strong winds are quietening creating thunder showers in southern china. some will be moving into the southern islands of japan. moving into the american continent. the next pacific system is moving into the british isles and the pacific northwest bringing another round of wet and windy conditions as well as heavy mountain snow. the mountains will see an additional 40 centimeters snow. we have a more potent storm system. the system will head towards the great lakes region into the next 24 hours. wisconsin and iowa you could be seeing as much as 30 centimeters of snow in a period of 24 hours. chicago you haven't had measurable snow since march 4th this year. fieblly heavy snow is on the way for you. down towards the south, thunder showers to the east and great lakes region, there's a risk of severe thunderstorms, gusty winds and tornadoes. temperatures still on the warmer side in atlanta but dropping down into the single digits. 8 degrees in chicago. still on the warmer side but we'll be cooling down to the freezing mark as we head into your friday. here is
down towards the south the strong winds are quietening creating thunder showers in southern china. some will be moving into the southern islands of japan. moving into the american continent. the next pacific system is moving into the british isles and the pacific northwest bringing another round of wet and windy conditions as well as heavy mountain snow. the mountains will see an additional 40 centimeters snow. we have a more potent storm system. the system will head towards the great lakes...
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also explain why china and india's dispute over oil and gas see about fall after both countries. wealthy british style it's time to. market why not. find out what's really happening to the global economy in cars a report on our. talk about one hundred here. now britain's government is a failing to get people back into work recent figures show more unemployment people find jobs on their own and those enroll in the government's flagship program while critics also say it's format startles and individuality jobseekers may have sort of first met one of the many frustrated job hunters. some months now twenty five year old jay paxton's been keeping a video diary about his experiences on the government's work program today were previously usual to work programs the government's flagship scheme that pays private sector organizations to place people in work and they called it a revolution in welfare the first figures released since its launch revealed a resoundingly failure something that hasn't surprise j. in the slightest. they've left a to go and keep his appointment now it seems pretty
also explain why china and india's dispute over oil and gas see about fall after both countries. wealthy british style it's time to. market why not. find out what's really happening to the global economy in cars a report on our. talk about one hundred here. now britain's government is a failing to get people back into work recent figures show more unemployment people find jobs on their own and those enroll in the government's flagship program while critics also say it's format startles and...
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china has warned india against pursuing oil exploration in the disputed south china sea this after new delhi threatened to send warships to the resource rich area to protect its interests because you've got a piece going off a explains a conflict between the two nations could see both lose out. as china and india rise economically their military muscles are growing as well both need energy to keep that kind of growth going and that may be putting the two asian giants on a collision course because of the mess that nationalism the indian government cannot afford to be seem to be weak in dealing with china obviously a higher power with the government popular over two hundred billion barrels of oil and large amounts of natural gas that's more than the vast majority of the world's energy rich nations have all hidden under the south china sea china claims most of the territory for itself but india has also managed to get access by buying a stake in a vietnamese gas field shortly after hanoi accuse chinese boats of sandwich dodging exploration india warned it's ready to use force to defend it
china has warned india against pursuing oil exploration in the disputed south china sea this after new delhi threatened to send warships to the resource rich area to protect its interests because you've got a piece going off a explains a conflict between the two nations could see both lose out. as china and india rise economically their military muscles are growing as well both need energy to keep that kind of growth going and that may be putting the two asian giants on a collision course...
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Dec 21, 2012
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they marked the return of the territory from portugal to china. officials from the chinese government and the political te military attended a ceremony in macao the increasing number of visitors have helped fuel the rapid growth of the casino industry.t. increasing number of visitors have helped fuel the rapid growth of the casino industry.h. increasing number of visitors have helped fuel the rapid growth of the casino industry.e. increasing number of visitors have helped fuel the rapid growth of the casino industry.. increasing number of visitors have helped fuel the rapid growth of the casino industry.i have helped fuel the rapid growth of the casino industry. about 500 young people criticized them for building casinos instead of homes. >> translator: we would like to stress that property prices are too high. we can't buy houses. >> real estate prices have surged to seven times when they were a decade ago. they want direct elections to choose the chief executive. >>> s tsunamis found evidence of 16 massive tsunami's over the past years. sediment
they marked the return of the territory from portugal to china. officials from the chinese government and the political te military attended a ceremony in macao the increasing number of visitors have helped fuel the rapid growth of the casino industry.t. increasing number of visitors have helped fuel the rapid growth of the casino industry.h. increasing number of visitors have helped fuel the rapid growth of the casino industry.e. increasing number of visitors have helped fuel the rapid growth...
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Dec 13, 2012
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that's in the east china sea. jets were scrambled to the scene. japan controls the senkaku islands, china and taiwan claimed them. the japan coast guard says one of its vessels spotted the plane thursday morning and reported it to japan's defense ministry. it was about 15 kilometers south of the uotsuri islands. part of the senkaku island chain. the minister says eight f-15 fighters from the air self defense force based in okinawa were dispatched in response. but when they arrived the chinese plane had already left japanese airspace. the coast guard photo of the chinese aircraft shows letters on the plane's body indicating it belongs to china's state oceanic administration. the defense ministry says this was the first such intrusion by a chinese aircraft since the self-defense forces began keeping records. the coast guard says the plane was initially spotted around 10:40 a.m. local time. coast guard officials confirmed the intrusion at 11:06 and the plane moved out of sight four minutes later. the coast guard vessel radioed a warning to the aircra
that's in the east china sea. jets were scrambled to the scene. japan controls the senkaku islands, china and taiwan claimed them. the japan coast guard says one of its vessels spotted the plane thursday morning and reported it to japan's defense ministry. it was about 15 kilometers south of the uotsuri islands. part of the senkaku island chain. the minister says eight f-15 fighters from the air self defense force based in okinawa were dispatched in response. but when they arrived the chinese...
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Dec 20, 2012
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is urging china not to violate intellectual property rights. the trade issues were discussed at the 23rd session at the u.s. joint session in washington. u.s. trade representative ron kirk and chinese vice premier were among those at the two-day meeting that ended on wednesday. at a news conference after the meeting, officials from china pointed out that the u.s. is blocking chinese investments in the country due to national security. they said they will watch how the u.s. addresses the issue. but asked for modifications. kirk said a major advance was made in the meeting, but u.s. officials addressed concerns about widespread piracy and counterfeit software in china. officials said they will check in china takes measures to improve its intellectual property protection. this is the first trade meeting after president barack obama was re-elected for a second term and ping succeeding as the new communist party leader. >>> japanese government officials have asked counterparts to have intergovernmental talks. that's on china's extra tariffs on the i
is urging china not to violate intellectual property rights. the trade issues were discussed at the 23rd session at the u.s. joint session in washington. u.s. trade representative ron kirk and chinese vice premier were among those at the two-day meeting that ended on wednesday. at a news conference after the meeting, officials from china pointed out that the u.s. is blocking chinese investments in the country due to national security. they said they will watch how the u.s. addresses the issue....
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Dec 6, 2012
12/12
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KCSM
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translator: looking at china's history, cultural traditions, and current conditions, china will never adopt a policy of dominance or expansionism. our prosperity will bring peace and will benefit the rest of the world. >> analysts say xi hopes to ease concerns that china's new leadership intends to adopt a hard-line stance on diplomacy. however, on the same day he told a senior military commander to prepare strong missile units for possible conflict. >>> lawmakers in the u.s. senate have offered japanese government officials reassurance on the senkaku island. they unanimously approved a key defense bill stating the u.s. is covered by the u.s./japan security treaty. the national defense authorization act sets the framework for the defense budget. the legislation was amended to state the u.s. acknowledges japan's administration of the islands. but it stresses that the american government takes no official position on the islands' sovereignty. the bill also reaffirms the u.s. commitment to japan under article v of the bilateral security treaty. the article says the american military will
translator: looking at china's history, cultural traditions, and current conditions, china will never adopt a policy of dominance or expansionism. our prosperity will bring peace and will benefit the rest of the world. >> analysts say xi hopes to ease concerns that china's new leadership intends to adopt a hard-line stance on diplomacy. however, on the same day he told a senior military commander to prepare strong missile units for possible conflict. >>> lawmakers in the u.s....
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Dec 13, 2012
12/12
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FOXNEWSW
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. >> where is china this china is so big. they could crush north korea. >> north korea gets 90% of their oil from china. if china cutoff the oil it would be in a different situation. but that's their best ally in the region. >> and china doesn't want north korea to end and the minute these people are going to move they are going to china and they don't want anything to do with themment. >> you will have this population that is so depressed they are moving to south korea and china. >> it will be like east-west germany, but with less scat porn. >> it is mostly my fault because it was in the 90s i dated kim-jong-il and it put him in a strange function. >> cash -- strange funk. >> that is the name of his next album. >> he is the sexiest man alive. >> we are missing the big story. in north korea they must have a large supply of ed schulz shows. >> i feel bad for that woman. now that she is international she is going to kim gung u.n's. >>> what are the perks of being pretty? first, if you have invisible camo, i wish we had this in
. >> where is china this china is so big. they could crush north korea. >> north korea gets 90% of their oil from china. if china cutoff the oil it would be in a different situation. but that's their best ally in the region. >> and china doesn't want north korea to end and the minute these people are going to move they are going to china and they don't want anything to do with themment. >> you will have this population that is so depressed they are moving to south korea...
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Dec 22, 2012
12/12
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CSPAN
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and china. i believe that many of the problems we face in the world cannot be solved without the active collaboration of u.s. and china. and when the history books to say it was china and united states working together that solve these problems, instead of the history books and blaming the united states and china for failing to respond to things like climate change. having history books ignore the incredible contributions of china over thousands of years towards civilization, and just say, united states and china missed the opportunity and skirted up. -- screwed it up. >> we have two chinese immigrant families representing america. it is hard to imagine it in reverse from the chinese side. they're not an immigrant-based society. >> do they take it as an honor? >> yes. they also want to claim him. you know, as part of the greater china community. and then there is a bit of a disappointment, but it is an amazing moment in american history. >> i guess you want over there just before or after the bi
and china. i believe that many of the problems we face in the world cannot be solved without the active collaboration of u.s. and china. and when the history books to say it was china and united states working together that solve these problems, instead of the history books and blaming the united states and china for failing to respond to things like climate change. having history books ignore the incredible contributions of china over thousands of years towards civilization, and just say,...
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Dec 4, 2012
12/12
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CNBC
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china. >> today's news of the big four being challenged by the sec. china -- at least japan's a democracy. >> you're lucky you were blowing the whistle in japan and not china. you wouldn't be here. >> a good point. >> it's a crazy story. i still can't get over -- >> the author of republicans at the gate did a review in the new york times and he said this story compares with a john grisham knowledge and it does. >> what was the 700 million, fees paid to banks? >> it was just false fees. one piece of paper. >> and who ended up lining the pockets here? >> the money went to the cayman islands. so we'll a never know the truth. part of it was just to try to use off balance sheet vehicles to write them down. >> this former ceo, has he got cayman island accounts? >> i don't think there's any evidence of personal gain. no evidence of that. but last month in japan -- >> who was the owner of cayman island accounts? >> we'll never know all the truth. we'll never know all the truth unfortunately. but the
china. >> today's news of the big four being challenged by the sec. china -- at least japan's a democracy. >> you're lucky you were blowing the whistle in japan and not china. you wouldn't be here. >> a good point. >> it's a crazy story. i still can't get over -- >> the author of republicans at the gate did a review in the new york times and he said this story compares with a john grisham knowledge and it does. >> what was the 700 million, fees paid to banks?...